Daily News Form The World Main Banks




1

Industrial Commercial Bank Of China News

China yields up on ICBC bond funding squeeze - Reuters

2010-08-27

Moneycontrol.com

China yields up on ICBC bond funding squeeze
Reuters
Analysts estimated ICBC's (1398.HK)(601398.SS) bond issue would lock up a few hundred billion yuan when subscriptions were taken on Tuesday, which would not ...
ICBC, Bank Of China Post Strong Results, See Risks AheadWall Street Journal
ICBC Advances Most in Two Months in Hong Kong After Profit Beats EstimatesBloomberg
Summary Box: China's ICBC 1H profit up 27 percentThe Associated Press
AFP -NASDAQ -Xinhua
all 476 news articles »

China's Securities Regulator OKs ICBC Convertible Bond Sale - Wall Street Journal

2010-08-18

China's Securities Regulator OKs ICBC Convertible Bond Sale
Wall Street Journal
The approval clears the last hurdle for ICBC's planned bond sale, although its fund-raising effort appears to be a pre-emptive move given the bank is one of ...
ICBC gets nod for Shanghai convertible bond saleReuters
ICBC shares mixed on Beijing's approval of bond saleAFP
Everbright makes strong Shanghai debutFinancial Times
CapitalVue -Xinhua -BBC News
all 683 news articles »

US turns down China currency probes in two cases - Reuters

2010-08-31

Reuters

US turns down China currency probes in two cases
Reuters
An employee counts Yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei, Anhui August 3, 2010. By Doug Palmer WASHINGTON ...

and more »

ICBC and BOC Set for Slower Growth - NYTimes.com

2010-08-26
The Industrial and Commercial Bank of China and Bank of China, two of the top Chinese lenders, signaled a peaking of earnings growth after strong second-quarter profits, as they slow their lending and focus on asset quality.

ICBC, Bank of China Post Rising Profits | www.bullfax.com

2010-08-26
China's largest bank, ICBC, said on Wednesday it has stopped rolling over some loans to slow credit growth after a surge at the start of the year, offering the latest evidence of a government-directed clampdown on lending. ...

ICBC to cut insurance rates by 2.4% in November

2010-09-01
Read latest business news in Victoria and around British Columbia, tourism, real estate, financial markets and others. Use financial tools and daily business advice from Times Colonist.,BC drivers can expect to pocket some extra money ...

[World Wide News Flash] Icbc

2010-08-26
Latest articles and news about Icbc. Stay updated with information about Icbc. Everything you want to know about Icbc.

Where the Money is in China: These Stocks are Now Cheap | Global ...

2010-09-05
Industrial and Commercial Bank (HKG: 1398) is the world's biggest bank by market value. ICBC enjoyed a 27 percent jump in profit as its interest income surged. First half profits totaled $20.9 billion. Despite its growth, the bank has a ...

China Property Bonds Rebound on Record Sales: Credit Markets

2010-09-05
Bonds issued by China developers are rebounding from their worst first half in two years as a record $6.8 billion in offshore debt sales spurs confidence the borrowers have the resources to weather a slowing economy.

Industrial & Commercial Sells 25 Billion Yuan of 6-Year Convertible Bonds

2010-09-02
Industrial & Commercial Bank of China Ltd., the world’s largest bank by market value, sold 25 billion yuan ($3.7 billion) of six-year convertible bonds, the company said today in a statement to the Shanghai stock exchange.

Boom...or bust: Is China heading for big trouble?

2010-09-04
A surge in bank lending. A speculative rush to buy houses – not just second properties, but third or fourth homes. Soaring property prices. Banks hiding the loans off their balance sheets. Surely it could not be happening again? And not so soon? But it is – in China.

China’s Stocks Drop, Trimming a Weekly Gain; Banks Decline

2010-09-02
China’s stocks fell, paring a weekly advance, on concern banks’ bad loans may increase amid speculation the government will introduce additional measures to curb property speculation.

Central Bank Sells 3-Month Bills at Unchanged 1.5704% Yield, Traders Say

2010-09-01
The People’s Bank of China sold three-month bills at a yield of 1.5704 percent in open-market operations, unchanged for the ninth straight sale, according to traders at Industrial and Commercial Bank of China Ltd. and BOC International (China) Ltd.